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Q2 2019 US Office Market Outlook Report

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Healthy U.S. Office Market Performance in Q2 2019

As highlighted in the latest U.S. Office Market Outlook, the U.S. office market bounced back in the second quarter, after a subdued start to the year. Net absorption almost tripled and occupancy remains at a record high. Rents are holding firm, with record highs being set in some markets, and there was a healthy uptick in sales volumes. Occupancy gains remain largely dominated by tech and coworking firms, who continue to expand.


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Q2 2019 US Office Market Outlook Report

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Stephen Newbold

Director of National Office Research

Washington, DC

Stephen has over 30 years of Commercial Real Estate (CRE) Research experience gained in both the U.S. and U.K.  He has an expert knowledge of many CRE markets across the U.S. Having worked with brokerage firms, asset managers and data providers he has a broad spectrum of experience and is adept in forecasting, analysis and strategy. Prior to joining Colliers, Stephen was a Research Director with CoStar based in Washington D.C. His career history also includes eight years as Director of U.S. Office Research with Deutsche Asset Management and six years as Head of Research with Newmark Knight Frank in London, U.K.

At Colliers, Stephen is responsible for all aspects of U.S. National Office research including authoring quarterly reports, press interviews and multi-market analysis. He works closely with multiple Colliers' business lines including Office Services, Capital Markets, Healthcare, Law Firm Services, Life Sciences, Property Management and Occupier Services. He’s a frequent author of blogs and thought leadership pieces as well as giving presentations to clients and industry groups.

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